Axis Securities is positive on KNR Constructions, PNC Infratech, RITES, KEC International, and PSP Projects to do well among infra stocks. These stocks have given returns in the range of 2.35-12.63% so far this year on a year-to-date (YTD) basis. KEC International has offered negative 1.52% returns this year.

The stock hit a 52-week high of Rs 549 on 7 February 2022, but it failed to hold on to the momentum. The stock bounced back after hitting a low of Rs 345 on 12 May 2022.Short-term traders who missed the rally can look at buying the stock now or on dips for a possible target above Rs 600 in the next 3-4 weeks, suggest experts.

"In cement, mny of the groups are expanding very rapidly after the entry of Adani. We could expect that ACC, Ambuja will also start expanding more rapidly. In the next two years, we will see significant supply and demand increases at a steady pace. So pricing and margins could come under pressure. Cyclically they will keep on moving up and down but long-term directionally, I am not playing cement at this stage."

ICICI Direct has handpicked nine stocks that can give an average return of 22% in 2023. The list includes L&T, Ambuja Cements, Bosch, Federal Bank, Sundaram Finance, Bajaj Electricals, KEC International, Mishra Dhatu Nigam and Techno Electric.

KEC International, incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 12318.39 Crore) operating in Power sector.

Despite a stellar run, public sector bank stocks are far from their lifetime highs. Analysts remain bullish on the entire public sector bank pack and recommend buying them given the favourable risk-reward.

“There is an anticipation of a significant slowdown in global economic growth next year and if that plays out, it is normally not so great for equities. Markets will become very selective and we need to buy the gainers of the commodity falls, avoid commodity sectors and avoid a lot of globally linked sectors also.”

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10604.90 Crore) operating in Power sector.

“Maruti is slow in EV but it is not that they are going to be completely absent. But our sense is that it is a market leader and also there is the scarcity factor. Besides Maruti, we have M&M which has already rallied, while Tata Motors is still struggling with the issues on the JLR front. We are bullish on Maruti and expect to see good double digit growth for the next two years.”

Domestically, Nifty opened flat and traded between gains and losses to finally closed flat – up just 6 points at 18,410 levels. Profit booking was seen in Adani group stocks after it rallied ~20-30% in the last few sessions.”

Sharekhan is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 500 in its research report dated November 07, 2022.

ICICI Direct is bullish on KEC International recommended buy rating on the stock with a target price of Rs 515 in its research report dated November 08, 2022.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11205.20 Crore) operating in Power sector.

Net Sales are expected to decrease by 12.7 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 3,130.3 crore, according to Yes Securities.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10751.44 Crore) operating in Power sector.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10751.44 Crore) operating in Power sector.

Vimal Kejriwal, MD & CEO, KEC International, said, “Our YTD order intake now stands at Rs 8,400 crores, with robust growth of 50 per cent vis-à-vis last year. The orders in the Middle East consolidate our presence in the region and significantly expand our T&D order book, particularly in the international market.”

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11176.92 Crore) operating in Power sector.

Sharekhan is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 515 in its research report dated September 22, 2022.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 3326.03 crore, down 22.26 per cent from last quarter total income of Rs 4278.17 crore and up 30.86 per cent from last year same quarter total income of Rs 2541.71 crore.

With these orders, KEC International’s year to date order intake has now surpassed Rs 7,000 crores, a growth of 25 percent vis-à-vis last year, the company management said.

Emkay Global Financial is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 540 in its research report dated September 15, 2022.

ICICI Direct is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 540 in its research report dated September 15, 2022.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11565.12 Crore) operating in Power sector.

The brokerage sees potential for a ‘significant re-rating of the stock as valuations are expected catch up with its peer group on strong growth in FY23. The valuation of the mid-sized IT company, owned by the RPG Group, at an estimated Price to Earnings (PE) ratio of 12 times is one of the lowest among the mid-cap stocks it tracks.

KEC International's tender pipeline remains healthy at 1.1 lakh crore (domestic around 50 per cent), of which orders worth nearly Rs 30,000 crore have already been tendered out. Margins are expected to improve from H2FY23 and are likely to reach double digits by FY24, said Prabhudas Lilladher.

For the quarter ended June 30, 2022, the company has reported a consolidated total income of Rs 3326.03 crore, down 22.26 per cent from last quarter total income of Rs 4278.17 crore and up 30.86 per cent from last year same quarter total income of Rs 2541.71 crore.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11400.58 Crore) operating in Power sector.

T&D business has secured orders for T&D and cabling projects in India, Middle East and Africa. The railways business has secured orders in the technologically enabled and conventional/emerging segments in India. The companys oil & gas business has secured an order for laying of cross-country pipeline and associated works in India.

Analysts are divided on the stock and do not see much upside in the counter.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11236.05 Crore) operating in Power sector.

The Competition Commission of India rejected a complaint against the proposed merger of multiplex chains PVR and INOX Leisure, saying apprehension of likelihood of anti-competitive practices by an entity cannot be a subject of probe.

Billionaire Mukesh Ambani's Reliance Industries has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for Rs 1,592 crore.

Economists and job market experts said the positivity in the non-tech cohort is mostly driven by positive economic indicators such as rise in GST collections and private sector capital expenditure, and an expected revival in rural consumption.

CD Equisearch recommended hold rating on KEC International with a target price of Rs 374 in its research report dated August 30, 2022.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 10484.06 Crore) operating in Power sector.

Businesses across sectors in India, including manufacturing, construction, real estate, infrastructure, logistics, retail, automobile and auto component, restaurants, and facility management, among others, are facing an average 15-30% dearth of skilled manpower, said top company executives, staffing firms and industry experts. Company executives said this could have a direct impact on meeting business goals. At the same time, there is an increase in cost of talent acquisition, as companies are forced to line up extra incentives and one-time payments to attract manpower.

“Without getting into any specific names in the HFC space, it is the affordable housing segment where there is a large runway for growth given that penetration levels are lower and also competition from banks are significantly lower than what it is in the price mortgage space. Especially in the larger cities, there appears to be a significant runway for growth.”

Prabhudas Lilladher recommended accumulate rating on KEC International with a target price of Rs 473 in its research report dated August 04, 2022.

ICICI Direct recommended hold rating on KEC International with a target price of Rs 475 in its research report dated August 04, 2022.

Sharekhan is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 515 in its research report dated August 04, 2022.

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 11311.89 Crore) operating in Power sector.